BUDAPEST: The Hungarian Parliament has approved the increase of the indirect film support ratio from 20 to 25% of eligible costs. The European Commission approved the increase earlier this year in June 2014
The Hungarian Parliament also allowed the Hungarian National Film Fund to increase the collection of sponsorship money from corporate sponsors up to approximately 39mEUR/12 billion HUF in 2015 compared to 22,8mEUR/ 7 billion HUF in 2014.
The European Commission approved a six-year prolongation of the Hungarian film support and tax rebate system which should be applicable until 2019.
The Film New Europe (FNE) Association is the networking platform for film professionals in the CEE/SEE/Baltics region. The webportal and FNE newswire was chosen as the MAIN TOOL to achieve the network’s objectives of the sharing of know how, visibility of regional cultural diversity and finally the VOICE of the region.
FNE’s objectives include VISIBILITY for the region and AUDIENCES for films by providing a special focus on the region.